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The peso is the currency of Chile.The current peso has circulated since 1975, with a previous version circulating between 1817 and 1960.Its symbol is defined as a letter S with either one or two vertical bars superimposed prefixing the amount, [1] $ or ; the single-bar symbol, available in most modern text systems, is almost always used.
20 pesos 2 cóndores: 1939-1947 Brown 145 × 70 mm Portrait of Pedro de Valdivia. View of Santa Lucía Hill park. 50 pesos 5 cóndores: 1932-1959 Green 145 × 70 mm Portrait of Aníbal Pinto. Denomination. 100 pesos 10 cóndores: 1933-1959 Red 145 × 70 mm Portrait of Arturo Prat. Denomination. 500 pesos 50 cóndores: 1933-1945 Yellow/brown 180 ...
The economy of Chile operates as a market economy and is classified as a high-income economy by the World Bank. [28] It is recognized as one of the most prosperous countries in South America, [29] leading the region in areas such as competitiveness, income per capita, globalization, economic freedom, and low levels of perceived corruption. [30]
The peso is the monetary unit of several Spanish-speaking countries in Latin America, as well as the Philippines. Originating in the Spanish Empire , the word peso translates to "weight". In most countries of the Americas, the symbol commonly known as dollar sign , "$", was originally used as an abbreviation of "pesos" and later adopted by the ...
The peso was a name often used for the silver Spanish eight-real coin. Following independence, Argentina began issuing its own coins, denominated in reales, soles and escudos, including silver eight-real (or sol) coins still known as pesos. These coins, together with those from neighbouring countries, circulated until 1881.
The sol (Spanish pronunciation:; plural: soles; currency sign: S/) [3] is the currency of Peru; it is subdivided into 100 céntimos ("cents"). The ISO 4217 currency code is PEN . The sol replaced the Peruvian inti in 1991 and the name is a return to that of Peru's historic currency, as the previous incarnation of sol was in use from 1863 to 1985.
These were modified versions of the old peso notes, with the centésimo or escudo denomination added to the design. Denominations were 1 ⁄ 2, 1, 5, 10 and 50 centésimos, 1, 5, 10 and 50 escudos. On 22 July 1960, the 1 escudo banknote began to circulate, [8] and on August 1 of the same year the 1 ⁄ 2 escudo banknote entered circulation. [9]
The sol, later sol de oro (English: gold sol), was the currency of Peru between 1863 and 1985. It had the ISO 4217 currency code PES. It was subdivided into 10 dineros or 100 centavos. It also had two different superunits over its circulation life, the inca (1881–1882) and later the gold pound (1898–1931, abbreviated Lp.), both worth 10 soles.